---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033750"
form_type: "8-K"
ticker: null
cik: "0001781405"
company_name: "Odyssey Semiconductor Technologies, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:18:45.794192+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Odyssey Semiconductor appoints co-founder Rick Brown as CEO; Mark Davidson departs

## Summary
- Rick Brown, co-founder and CTO, named CEO effective Dec 1, 2023, replacing Mark Davidson.
- Mark Davidson and CAO Laura Krauss move to consulting roles as part of cost reduction actions.
- Company states it is financially constrained, seeking longer-term financing and strategic alternatives.
- Progress on scaling Vertical GaN technology; larger device for higher current being developed.
- Foundry services projects generate Q4 revenue with potential recurring revenue for 2024.

## SEC filing metadata
- accession: 0001437749-23-033750
- form_type: 8-K
- cik: 0001781405
- company_name: Odyssey Semiconductor Technologies, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781405/000143774923033750/0001437749-23-033750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781405/000143774923033750/odii20231206c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033750
- JSON: https://secwatch.observer/filing/0001437749-23-033750.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033750.txt

## Key facts
- Executive change
  Laura Krauss changed role as Chief Accounting Officer at Odyssey Semiconductor Technologies, Inc..
  - Action: moved to consulting role
  - Role: Chief Accounting Officer
  source text: Due to cost reduction actions, both Mark Davidson and Laura Krauss, the Company’s Chief Accounting Officer, have moved to consulting roles for the company going forward.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781405/000143774923033750/0001437749-23-033750-index.htm
- Executive change
  Rick Brown was appointed as Chief Executive Officer at Odyssey Semiconductor Technologies, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Effective December 1 st , 2023, Odyssey Semiconductor Technologies, Inc. (the “Company”) Dr. Rick Brown, co-founder, CTO, and Board member, has been appointed as CEO of Odyssey, replacing Mark Davidson.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781405/000143774923033750/0001437749-23-033750-index.htm
- Executive change
  Mark Davidson departed as Chief Executive Officer and Board Member at Odyssey Semiconductor Technologies, Inc..
  - Action: stepping down
  - Role: Chief Executive Officer and Board Member
  source text: Mark Davidson is stepping down as CEO and Board Member and is no longer employed at Odyssey.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781405/000143774923033750/0001437749-23-033750-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.